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Systemic Risk

Systems can be affected by critical events or shocks that occur outside or within the system. Systemic risk is associated with cascading impacts that spread within and across systems and sectors via the movements of people, goods, capital and information within and across boundaries. The spread of cascading impacts can lead to potentially existential consequences and system collapse across a range of time horizons.

Latest Systemic Risk additions in the Knowledge Base

An aerial view of damage caused by Hurricane Harvey in Texas, USA (2017)
Update

How back-to-back hurricanes set off a year of compounding disasters for one city − and alarm bells about risks in a warming world

A recent National Academies consensus study looked into the compounding disasters that the region faced – both physical and socioeconomic – as storm after storm arrived during the pandemic with little time for recovery.
Conversation Media Group, the
Cover
Documents and publications

A global foresight report on planetary health and human wellbeing

This report calls for the world to pay heed and respond to a range of emerging challenges that could disrupt planetary health and wellbeing.
Dhaka
Update

Bangladesh systemic assessment of earthquake risk

A detailed, open sub-national earthquake risk model and evaluation of seismic risk for Bangladesh at the zila and upazila levels was developed.
Ministry of Disaster Management and Relief
United Nations Office for Disaster Risk Reduction (UNDRR)
Global Earthquake Model Foundation (GEM)
United Nations Resident Coordinator - Bangladesh
Update

Beyond broken infrastructure – the cascading effects of natural catastrophes

Less well publicised and understood are the cascading (negative) effects of extreme events on the systems that underpin society, including energy, water and transport infrastructure
Swiss Reinsurance Company (Swiss Re)
Children's shadow in front of a wildfire
Update

After the inferno: Understanding the domino effect of wildfires

The prevention web editors have curated twelve articles to spark your curiosity. Discover how the aftermath extends far beyond the visible devastation, prompting us to rethink our approaches to prevention, recovery, and resilience.
United Nations Office for Disaster Risk Reduction (UNDRR)
Update

ASRA celebrates one year anniversary and official launch

ASRA celebrates its one-year anniversary and announces its official launch with eminent new appointments to its Steering Committee and the release of a practical, principles-based guide to navigating risk in a polycrisis world.
Accelerating systemic risk assessment (ASRA)
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Documents and publications

Principles for systemic risk assessment and response

ASRA has co-developed a set of Principles for Systemic Risk Assessment and Response to accelerate awareness of systemic risks and to guide collective, transformative action.
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Documents and publications

Tropical or extratropical cyclones: What drives the compound flood hazard, impact, and risk for the United States Southeast Atlantic coast?

This study provides critical information for understanding the source and frequency of compound flooding across the Southeast Atlantic Coast of the United States.
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